Chicago

Chicago minimum-wage timing could spell disaster

By Michael Lucci
12/14/2014
Chicago City Council claims that over 400,000 workers in Chicago will get pay hikes. What lawmakers should be studying is how many tens of thousands of those workers are going to be unnecessarily thrown out of work the next time the economy slows down, property taxes go up or a new technology comes along that can replace human labor.

TAGS: Chicago, minimum wage

Veto session week 2 recap

By Donovan Griffith
12/06/2014
Action, or lack thereof, on the 2011 income-tax hikes, a minimum-wage increase, SEIU training and more affect Illinoisans in the wake of a lame-duck death.

TAGS: Chicago, lame duck session

Proposed fee on health-insurance plans can’t cover costs of a state-funded exchange

By Naomi Lopez Bauman
12/02/2014
Legislation being advanced by state Rep. Robyn Gabel, D-Chicago, would attempt to cover costs by charging a fee on every health-insurance plan sold through the state-funded health insurance exchange. This funding mechanism is likely to be insufficient. In fact, the new state tax on insurance plans may need to be three times the amount currently under consideration to truly cover administrative costs.



TAGS: ACA: Affordable Care Act, health insurance